China had another record year of softwood log imports in 2018, as more than 16.96 billion BF (40 million m3) of logs landed at Chinese ports, according to a report from Wood Resource Quarterly (WRQ). This was the third consecutive year of year-over-year increases, with 2018 volumes being up 37% from 2015. One trend the report noted is that during the past five years, import volumes have declined from the key supplying regions of Russia and Canada, while they have increased from New Zealand and Australia.
The largest softwood log importing countries to China in 2018 were New Zealand (43% share), Russia (19%), followed by the U.S. (12%), Australia (10%), Canada (6%) and Uruguay (5%). The report noted that Russia’s log import market share in China has been cut in half the past three years, while Japan has tripled its log exports to China.
Corvallis, Ore.-based Lucidyne Technologies, which was purchased in 2020 by Microtec, is now named Microtec Corvallis as Microtec finalizes its branding integration plans. Last year, following its acquisitions of Finscan and Woodeye, Microtec rebranded Finscan as Microtec Espoo and Woodeye as…
U.S. softwood lumbermen are not as bullish about their lumber business situation as they were a year ago, but they’re still upbeat and capital expenditure projects are in full force, according to Timber Processing’s annual 2022 U.S. Sawmill Operations & Capital Expenditures Survey…
U.S. single-family housing starts in April dipped 7.3% from March to a seasonally adjusted rate of 1.1 million, but multi-family starts (five units or more) shot up 16.8% over March to 612,000, according to the U.S. Census Bureau and U.S. Dept. of Housing and Urban Development monthly new…
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